Home > M&A deals 2020 > Basic Energy Services, Inc. acquires NexTier Oilfield Solutions, Inc. - Well Support Services
Divestiture · Oil, Gas & Coal Exploration · March 2020

Basic Energy Services, Inc. acquires NexTier Oilfield Solutions, Inc. - Well Support Services

On March 9, 2020, Basic Energy Services, Inc. acquired NexTier Oilfield Solutions, Inc. - Well Support Services, an oil, gas & coal exploration company in Texas, United States, from NexTier Oilfield Solutions, Inc.

Deal at a glance

AnnouncedMarch 9, 2020 TypeDivestiture TargetNexTier Oilfield Solutions, Inc. - Well Support Services Buyer Basic Energy Services, Inc. Seller NexTier Oilfield Solutions, Inc. SectorOil, Gas & Coal Exploration LocationTexas, United States ValueMembers only

Target company

NexTier Oilfield Solutions, Inc. - Well Support Services
Texas, United States
Oil, Gas & Coal Explorationsector
1996founded
Activestatus
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Buyer

Company · 12 deals on record
  • 1st transaction in oil, gas & coal exploration
  • 12th transaction in United States
12deals, all time
1in this sector
2020latest

Seller

Company · 4 deals on record
4investments
2in this sector
1exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired NexTier Oilfield Solutions, Inc. - Well Support Services?Basic Energy Services, Inc. acquired NexTier Oilfield Solutions, Inc. - Well Support Services on March 9, 2020.

Who sold NexTier Oilfield Solutions, Inc. - Well Support Services?NexTier Oilfield Solutions, Inc. was the seller.

What type of deal was it?It was a divestiture in the oil, gas & coal exploration sector in 2020.

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